Archive for the ‘Housing Starts’ tag
Monday’s Events: Cdn House Prices, Housing Starts; Fed Senior Officer Loans Survey
The Fed’s Senior Officer Loans Survey the highlight
of the U.S. on Monday. Canadian markets will be paying attention to the
releases of housing starts and new house price index. In
the evening, the focus will turn to the UK’s house price balance and the
British Retail Consortium’s retail sales monitor.
Thursday’s Events: BOC MPC Report, U.S. Jobless Claims, Philly Fed Mfg Report
International securities transactions and the Bank of Canada’s
monetary policy report highlight today’s Canadian economic releases as
U.S. markets receive jobless claims and housing starts, followed by the
Philadelphia Fed’s manufacturing report for July.
U.S. Housing Starts and Building Permits Soar in June
Due to a change in the housing code of New York City,
U.S. housing starts came in above expectations at 1066k in June, a month-
over-month rise of 9.1%, according to data released from the U.S.
Department of Commerce on Tuesday morning. The consensus was looking for
a decline to a level of 960k.
The previous month’s 975k was revised to a level of 977k.
“New York City enacted a new set of construction codes effective for
permits authorized as of…